08:52 AM EDT, 06/04/2024 (MT Newswires) -- Autoliv's ( ALV ) China unit and XPeng's ( XPEV ) flying car company XPeng AEROHT said Tuesday they have signed a strategic cooperation agreement to develop safety technology for flying cars.

"By combining their advanced technology with our expertise in safety solutions, I believe together we can play an important role in making flying cars a reality," Autoliv China President Sng Yih said in a statement.

Financial details of the partnership were not disclosed.

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